Question

in the cash book requires no posting to ledger a. Discount received entry b.Discount allowed entry c. Contra entry D.Cash sales entry​

Answer 1

Explanation:

In the debit side of the contra book, 'To Cash A/c' will be entered under the particulars column and the amount will be entered in the bank column. In the credit side of the contra book 'By Bank A/c' will be entered under the particulars column and the amount will be entered in the cash column.

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Answer 2

Answer:

b)Discount allowed entry

Explanation:

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